Langfristige Wirkungen eines nicht abgeschlossenen Studiums auf individuelle Arbeitsmarktergebnisse und die allgemeine Lebenszufriedenheit

Heigle, Julia ; Pfeiffer, Friedhelm

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URN: urn:nbn:de:bsz:180-madoc-546810
Document Type: Working paper
Year of publication: 2020
The title of a journal, publication series: ZEW Discussion Papers
Volume: 20-004
Place of publication: Mannheim
Publication language: German
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: I21 , I28 , J31,
Individual keywords (German): Arbeitsmarkt , Humankapitalforschung , Studienerfolg , Studium ohne Abschluss
Abstract: To the best of our knowledge, this study is the first study for Germany to assess the long-term impacts of studying without graduating on three labour market outcomes (working hours, wages, and occupational prestige), and on overall life satisfaction, on the basis of a sample of employed individuals from the Socio-Economic Panel (SOEP) who possess a university entrance qualification. The impact is analyzed relative to individuals who have never been enrolled in university study (baseline group) and to individuals that have attained a university degree. The impacts are assessed by means of a double machine learning procedure that accounts for selection into the three educational paths and generates the counterfactual outcomes for the different paths. The findings indicate an average impact of studying without graduating of plus 5 percentage points on occupational prestige, and minus 2.8 percentage points on life satisfaction relative to the baseline group. The estimates for wages and working hours are not significant. The effects of graduating on all outcomes is positive and substantial relative to studying without graduating or not studying at all.

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